Within just the past few years, payments have transformed entirely — tap to pay has become even more prevalent, traditional financial institutions are exploring blockchain, and generative AI is emerging as critical to boosting fraud protection rates by as much as 300%. Borders are no longer barriers to global trade, instant access to earnings is…
Mogo Media Academy, a premier creative education institute, proudly announces its partnership with EDEX Expo 2025 as the Platinum Sponsor. This milestone collaboration marks a significant step in the academy’s mission to inspire and nurture Sri Lanka’s next generation of media and creative professionals. EDEX Expo 2025, Sri Lanka’s largest education exhibition and job fair,…
Spotlight on Key Reforms at the Sri Lanka Economic Summit The Sri Lanka Economic Summit organised by The Ceylon Chamber of Commerce will be inaugurated on January 28th at the Shangri La Hotel Colombo, under the theme Shaping Sri Lanka’s Future: Transformational Growth Rooted in Sound Economic Policies. On day 2 of the Summit on…
The Central Bank of Sri Lanka, acting in terms of the Regulations made under the Registered Stock and Securities Ordinance and the Local Treasury Bills Ordinance, has decided to extend the suspension of Perpetual Treasuries Limited (PTL) from carrying on the business and activities of a Primary Dealer for a further period of six months…
The Sri Lanka Gem and Jewellery Association (SLGJA), in collaboration with the National Gem and Jewellery Authority (NGJA), proudly inaugurated the 31st edition of FACETS Sri Lanka, Asia’s premier gem and jewellery exhibition, on January 4, 2025, at the Cinnamon Grand Hotel, Colombo. This three-day event, running from January 4 to 6, promises to showcase…
Dawn of 2025 brings many expectations to Sri Lankans as the country’s economy showing a promising positive turn. Expansion of Digital Economy is one such expectation. Sri Lanka’s journey toward a robust digital economy is gathering momentum, with the Federation of Information Technology Industry Sri Lanka (FITIS) at the helm of this transformation. With a…
Sri Lanka’s local assembly and automotive component manufacturing sector has become a significant pillar of the nation’s economy, driving job creation, conserving foreign exchange, and fostering technical innovation. Operating under the Ministry of Industries’ Standard Operating Procedure (SOP), the industry currently boasts over 17 assembly plants producing a range of vehicles, including motorcars, SUVs, motorcycles,…
The Inland Revenue Department (IRD) has recorded its highest-ever tax revenue collection in 2024, amounting to Rs. 1,958,088 million. This includes Rs. 1,023,207 million collected as income taxes and Rs. 714,684 million as Value Added Tax (VAT). According to an official announcement from the department, the total revenue collection for last year represents an increase…
After an unprecedented 26-day rally, the Colombo Stock Exchange (CSE) faced a significant decline today (03), with key indices recording sharp drops. The All Share Price Index (ASPI) declined by 299.13 points to close at 16,049.42, while the S&P SL20 Index fell by 46.05 points, ending the session at 4,925.82. The turnover of Rs. 11.48…
Expands the long-running programme in collaboration with the Coconut Cultivation Board The Nestlé Coconut Development Plan was expanded recently, benefiting 500 rural families in the Northern Province. Conducted for the eighth year running in collaboration with the Coconut Cultivation Board of Sri Lanka (CCB), the programme has supported approximately 5,000 home-growers with hybrid coconut plantlets…
Video Story
